https://www.taxtmi.com/caselaws?id=13516 The HC upheld the Tribunal's decision, emphasizing equal treatment among co-owners in property valuation. The Tribunal had accepted the assessee's valuation based on a registered valuer's report, dismissing the Revenue's appeal which argued for the Assessing Officer's method. The Revenue's appeal was dismissed due to the Tribunal's reliance on principles of equality, as it had previously dropped proceedings against a co-owner. The HC affirmed the Tribunal's approach, underscoring the importance of fairness and equality in property valuation for capital gains. en-us Wed, 25 Oct 2006 00:00:00 +0530 Sat, 17 Feb 2024 11:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13516 The HC upheld the Tribunal's decision, emphasizing equal treatment among co-owners in property valuation. The Tribunal had accepted the assessee's valuation based on a registered valuer's report, dismissing the Revenue's appeal which argued for the Assessing Officer's method. The Revenue's appeal was dismissed due to the Tribunal's reliance on principles of equality, as it had previously dropped proceedings against a co-owner. The HC affirmed the Tribunal's approach, underscoring the importance of fairness and equality in property valuation for capital gains. Case-Laws Income Tax Wed, 25 Oct 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13516